Riot Platforms Files 8-K on Equity Sales
Ticker: RIOT · Form: 8-K · Filed: 2024-07-23T00:00:00.000Z
Sentiment: neutral
Topics: equity-sale, 8-K, disclosure
TL;DR
Riot Platforms filed an 8-K on July 23, 2024, reporting unregistered sales of equity securities.
AI Summary
On July 23, 2024, Riot Platforms, Inc. filed an 8-K report detailing unregistered sales of equity securities. The filing also included Regulation FD disclosures and other events, along with financial statements and exhibits. The company, formerly known as Riot Blockchain, Inc., is incorporated in Nevada and based in Castle Rock, Colorado.
Why It Matters
This filing indicates potential dilution or new equity issuance by Riot Platforms, which could impact existing shareholders and the company's financial structure.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can signal a need for capital or potential dilution, requiring further investigation into the terms and impact.
Key Players & Entities
- Riot Platforms, Inc. (company) — Registrant
- July 23, 2024 (date) — Date of Report
- Nevada (jurisdiction) — State of Incorporation
- Riot Blockchain, Inc. (company) — Former Company Name
- Bioptix, Inc. (company) — Former Company Name
- Venaxis, Inc. (company) — Former Company Name
FAQ
What specific type of equity securities were sold in the unregistered offering?
The filing does not specify the exact type of equity securities sold, only that they were unregistered.
Were there any specific dollar amounts associated with these unregistered equity sales?
The provided text does not contain specific dollar amounts for the unregistered equity sales.
What is the primary reason for Riot Platforms, Inc. engaging in unregistered sales of equity?
The filing does not explicitly state the reason for the unregistered sales of equity.
When was Riot Platforms, Inc. formerly known as Riot Blockchain, Inc.?
The name change from Riot Blockchain, Inc. to Riot Platforms, Inc. occurred on October 4, 2017.
What other items are included in this 8-K filing besides the unregistered sales of equity?
This 8-K filing also includes Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.
From the Filing
0001558370-24-009976.txt : 20240723 0001558370-24-009976.hdr.sgml : 20240723 20240723165024 ACCESSION NUMBER: 0001558370-24-009976 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 31 CONFORMED PERIOD OF REPORT: 20240723 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240723 DATE AS OF CHANGE: 20240723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Riot Platforms, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 841553387 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33675 FILM NUMBER: 241135234 BUSINESS ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 BUSINESS PHONE: 303-794-2000 MAIL ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 FORMER COMPANY: FORMER CONFORMED NAME: Riot Blockchain, Inc. DATE OF NAME CHANGE: 20171004 FORMER COMPANY: FORMER CONFORMED NAME: Bioptix, Inc. DATE OF NAME CHANGE: 20161201 FORMER COMPANY: FORMER CONFORMED NAME: Venaxis, Inc. DATE OF NAME CHANGE: 20121218 8-K 1 riot-20240723x8k.htm 8-K 0001167419 false 0001167419 2024-07-23 2024-07-23 ​ ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM  8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): July 23, 2024 ​ Riot Platforms, Inc. (Exact name of registrant as specified in its charter) ​ ​ ​ ​ ​ Nevada      001-33675      84-1553387 (State or other jurisdiction of incorporation) ​ (Commission File Number) ​ (I.R.S. Employer Identification No.) ​ 3855 Ambrosia Street , Suite 301 Castle Rock , CO 80109 (Address of principal executive offices) (303) 794-2000 (Registrant’s telephone number, including area code) (Former name, former address, and former fiscal year, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ​ ​ ​ ​ ​ Title of each class      Trading Symbol(s)      Name of each exchange on which registered Common Stock , no par value per share ​ RIOT ​ Nasdaq Capital Market ​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ ​ ​ ​ ​ Item 3.02 – Unregistered Sales of Equity Securities. ​ The information in Item 8.01 of this Current Report on Form 8-K (this “ Report ”) below is incorporated by reference into this Item 3.02